News

In response to the development of the COVID-19 pandemic, Macao Polytechnic Institute showcases its excellence in the research and studies of "One Country, Two Systems" and has launched the "Basic Law Online Lecture" Series, with a close eye on the hot topics during the pandemic situation and the significance of the "Macao Basic Law" in the fields of politics, economy and society, to name just a few. The high-quality Online Lecture Series aims to bring "Macao Basic Law" closer to the Macao residents, college teachers and students as a means of self-improvement at home.
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After making a comprehensive assessment of the findings of the Feasibility Study on Tourist Tax Imposition, the characteristics of Macao’s tourism industry as well as the latest turn of the situation, the Special Administrative Region Government decided to bring an end to its consideration of the possibility of tourist tax imposition. Visitor arrivals have plunged in Macao in recent months, causing various degrees of impact on the tourism-related industries. It has become a priority at this stage for the SAR Government to bolster recovery of the trade.
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Along with the implementation of Macao SAR Government's “Policy Address for the Fiscal Year 2020”, to leverage the role and advantages of Macao's “Sino-Portuguese platform” and to promote the development of Macao’s “International Portuguese Training Centre” and “training base of Chinese-Portuguese bilingual talents”, Macao Polytechnic Institute has launched its Portuguese textbook Global Portuguese online as a convenient means of learning for all Macao residents, students and people from all walks of life to access the Portuguese learning material via the internet at all times.
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The director of the Education and Youth Affairs Bureau (hereinafter referred to as the “DSEJ”) Lou Pak Sang, together with the deputy directors and chiefs of the bureau, met with representatives of the Chinese Educators Association of Macao and the Union of Catholic Schools of Macao on 5^th May to conclude in depth the phased experience obtained from the resumption of classes for senior secondary education so as to better prepare for the resumption of classes for junior secondary education on 11^th May and the implementation of the friendly measure, and also actively discuss about the class resumption preparatory plan for the rest of the educational stages.
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Due to the global spread of the Novel Coronavirus Pneumonia, after careful assessment and consideration, Macao Government Tourism Office (MGTO) announced its cancellation of the 31^st Macao International Fireworks Display Contest originally slated to be held this September and October.
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The University of Macau (UM) has reached a next level in microelectronics research! Prof Elvis Mak Pui-In in the Department of Electrical and Computer Engineering at UM, who is also the associate director (research) of the State-Key Laboratory of Analog and Mixed-Signal VLSI and the Institute of Microelectronics, has been elected a fellow of the Royal Society of Chemistry (RSC) in the United Kingdom. Founded in 1841, RSC (www.rsc.org) is the oldest chemical society in the world, with more than 54,000members. Achieving fellow status in the chemical profession denotes to the wider community a high level of accomplishment as a professional chemist.
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The Government pledges there will be sufficient supply –during the entire month of May – of face masks under a designated scheme for purchase by the Macao public of such items.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 1,046 new companies were incorporated in the first quarter of 2020, a decrease of 567 year-on-year. Newly incorporated companies operating in Wholesale & Retail Trade and Business Services totalled 432 and 297 respectively. Total value of registered capital fell by 80.0% year-on-year to MOP249 million. Companies in dissolution totalled 156 in the first quarter, and the value of registered capital of these companies amounted to MOP15 million.
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According to statistics released today by the Monetary Authority of Macao, broad money supply continued to fall in March with a stable share of patacas. Meanwhile, resident deposits dropped from a month ago whereas loans to residents posted an increase.
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